End of a Ripple Era: Here’s What Happened With the Spot XRP ETFs Last Week

After marking the longest positive streak of any crypto-based ETF on Wall Street, the spot XRP funds finally saw their first red day on Wednesday with more than $40 million in net outflows.

Nevertheless, the week was still in the green, while the underlying asset’s price experienced substantial fluctuations.

One Streak Broken, Another Continues

CryptoPotato reported earlier this week that the spot XRP ETFs had seen $40.80 million in net outflows on Wednesday. This meant that net withdrawals dominated net inflows for the first time since the initial such financial vehicle saw the light of day on November 13. At the time, Canary Capital’s XRPC set the record for the highest trading volume on a debut day in 2025.

Since then, four more XRP ETFs have been launched, but XRPC remains the undisputed leader in terms of cumulative net inflows. It has attracted $393.66 million, followed by Bitwise’s XRP ($292.09 million), Franklin Templeton’s XRPZ ($276.78 million), and Grayscale’s GXRP ($263.43 million). 21Shares’ TOXR is the only one in the red, with $7.77 million leaving the fund since its inception.

Despite the broken daily streak on January 7, the week actually ended in the green. According to SoSoValue data, the financial products attracted $46.10 million on Monday, $19.12 million on Tuesday, $8.72 million on Thursday, and $4.93 million on Friday, putting the total for the week at $38.07 million in net inflows. This means that the weekly green streak has endured for nearly two months.

XRP Price Update

The consistent net inflows were among the few reasons behind the underlying asset’s price resurgence in the past week. Recall that XRP stood below $1.90 at the end of 2025 and actually finished the year in the red. However, it began to rise on January 2 and skyrocketed by almost 30% in less than a week.

Its local peak came on Tuesday morning with a surge to $2.41, which became its highest price tag in almost two months. However, it has violently rejected there, which coincided with the first net outflow day of the ETFs. It now struggles to remain above $2.10, with the next major support lines sitting at $2.00 and $1.90, according to analysts.

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